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Warren vs. Wells, Barclays vs. SFO, tax dodgers vs. everybody

It’s been another busy week on Washington, in Europe, and elsewhere. Here’s a selection of some of the most interesting compliance stories we have gathered from around the Web.

How Wells Fargo’s cutthroat corporate culture allegedly drove bankers to fraud
In case you forgot, Wells Fargo is still one big, hot, ethical mess. The whole ordeal boils down to bankers being encouraged to illegally open accounts so that they’d hit their goals. Vanity Fair broke the whole thing down, explaining what happened, why, and what it means for you. Bottom line: Culture matters, people. Without culture, you can’t really have compliance.

Elizabeth Warren wants the Wells Fargo board wiped out
This week, the Massachusetts Senator demanded that the 12 Wells Fargo directors that served... To get the full story, subscribe now.